During the COVID-19 pandemic, stationary bike company Peloton was the talk of the town, allowing its customers to stay fit from the comfort of their own homes. But once people started reemerging into the world to once again hit the gym and ride their bikes outdoors, the company began to struggle, a tailspin that has… Continue reading Peloton Institutes Mass Layoffs After Pivoting to AI
Author: Futurism_Magazine Online News
Anthropic Just Sent Shockwaves Through the Entire Stock Market by Releasing a New AI Tool
Illustration by Tag Hartman-Simkins / Futurism. Source: Michael M. Santiago / Getty Images Last week, Anthropic released a new AI tool for automating legal work, precipitating a mass stock market selloff over fears that the tech could upend huge software customers in industries ranging from law to finance, Reuters reports — an urgent example of… Continue reading Anthropic Just Sent Shockwaves Through the Entire Stock Market by Releasing a New AI Tool
New Site Lets AI Rent Human Bodies
Illustration by Tag Hartman-Simkins / Futurism. Source: Getty Images The machines aren’t just coming for your jobs. Now, they want your bodies as well. That’s at least the hope of Alexander Liteplo, a software engineer and founder of RentAHuman.ai, a platform for AI agents to “search, book, and pay humans for physical-world tasks.” When Liteplo… Continue reading New Site Lets AI Rent Human Bodies
Uh Oh… Nvidia’s $100 Billion Deal With OpenAI Has Fallen Apart
Kevin Dietsch/Getty Images AI chipmaker Nvidia has been at the center of the enormous AI hype wave that has gripped global markets, ascending to become the most valuable company in the world. Yet despite its dominating presence on Wall Street, OpenAI is getting cold feet about the company’s offerings. After announcing a blockbuster $100 billion… Continue reading Uh Oh… Nvidia’s $100 Billion Deal With OpenAI Has Fallen Apart
Polymarket CEO Known for Yelling at His Employees, Attending Meetings Shirtless
Illustration by Tag Hartman-Simkins / Futurism. Source: Paul Morigi / Getty Images for Haddad Media Polymarket CEO Shayne Coplan’s social media went silent in the aftermath of a dawn raid on his Manhattan penthouse late in 2024. FBI agents came in force early one Wednesday morning, and though they hadn’t arrested Coplan or even issued… Continue reading Polymarket CEO Known for Yelling at His Employees, Attending Meetings Shirtless
If Bitcoin Keeps Tanking, It Could Cause a “Death Spiral” for the Entire Economy
The major cryptocurrency Bitcoin has had an absolutely horrible start to the year. The digital token has plummeted almost 14 percent so far in 2026, and almost 40 percent since hitting all-time highs of well over $120,000 in October — its longest losing streak since 2018. It’s down almost three percent today alone. It’s a… Continue reading If Bitcoin Keeps Tanking, It Could Cause a “Death Spiral” for the Entire Economy
Police in Detroit Suburb Install Hives That Can Instantly Deploy Drones to Fight Crime
Back in December, the city of Detroit unveiled an 11-foot monument to the titular character in “RoboCop” — a 1987 Paul Verhoeven film depicting the motor city as a dystopian hellscape in no uncertain terms. Apparently, someone in city hall was taking notes. Now, according to local reporting, the Detroit suburb of Dearborn has launched… Continue reading Police in Detroit Suburb Install Hives That Can Instantly Deploy Drones to Fight Crime
Tech Companies Showing Signs of Distress as They Run Out of Money for AI Infrastructure
AI companies are looking to spend trillions of dollars on data centers to power their increasingly resource-intensive AI models — an astronomical amount of money that could threaten the entire economy if the bet doesn’t pay off. As the race to spend as much money as possible on AI infrastructure rages on, companies have become… Continue reading Tech Companies Showing Signs of Distress as They Run Out of Money for AI Infrastructure
China Provides Glimpse of Colossal Orbital Aircraft Carrier
Last weekend, a China Central Television YouTube channel shared a video showing off some recent developments in autonomous aerial vehicles. There were plenty of quotidian craft on display, like the Wing Loong II Long Range Drone and the Lanying R6000 Tiltrotor — remarkable achievements for a nation barely a century removed from semi-feudal rule to… Continue reading China Provides Glimpse of Colossal Orbital Aircraft Carrier
Investors Dumping American Stocks as the Country Bets Everything on AI
For decades, the United States stock market has been a juggernaut on the international stage. The US dollar has been — and still is — the de facto currency globally. But for how much longer that will be the case is now looking uncertain. As the New York Times reports, investors are starting to look… Continue reading Investors Dumping American Stocks as the Country Bets Everything on AI